Influence of IoT Policy on Quality of Life: From Government and Citizens' Perspectives

Influence of IoT Policy on Quality of Life: From Government and Citizens' Perspectives

Sheshadri Chatterjee (IIT Delhi, New Delhi, India)
Copyright: © 2019 |Pages: 20
DOI: 10.4018/IJEGR.2019040102

Abstract

In this study, an attempt was taken to identify the issues concerning to regulations and governance which could substantially influence the citizens of India relating to adoption of the Internet of Things. The objective of this study is to highlight the importance of Internet of Things policymaking by the Government of India prescribing proper regulatory frameworks and good governance for effective and successful adoption of the Internet of Things by the citizens of India. An empirical approach has been taken for understanding the impact of IoT policy towards adoption of IoT enabled devices by the citizens of India. Structural equation modeling (SEM) has been used towards analysis of the data collected from three metro cities in India. The study finds out the impact of IoT policy towards adoption of the Internet of Things by the citizens in India and its importance towards improving the quality of life of the citizens of India.
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1. Introduction

Technology in the digital space has undergone massive transformation during the last few years. It is opined by the experts (Uckelmann et al., 2011, pp. 1-24) of industries that such transformation in India would continue. With such technological transformation, the latest entry in the technology of digital space is Internet of Things (IoT). It may be defined as the technological connection among telecommunication, software and industries connected with electronic hardware. This new technology IoT is considered to bring many new opportunities beneficial to many industries (Gubbi et al., 2013, pp. 1645-1660). This IoT technology is associated with sensors whose number will be increasing to trillions in near future with involvement of IoT applications of multipurpose nature numbering as high as millions (Draft Policy on IoT, GOI, 2015; Chatterjee et al., 2018b). By such progress in this field of technology, the IoT will be able to explore new sections of consumers and would be able to create a completely different type of business behavior demanding increasingly industry solution and this would immensely improve the Information Technology Industry sector fetching trillions of dollars, especially for those industries which would take help of IoT. The use of IoT is increasing exponentially in the world (Acquity Group, 2014, pp. 8-9) and in 2011 it was noted that the IoT devices had the number around 12.5 billion which surpassed total population of 7 billion of the world. Experts believe that by 2020, the IoT related devices would be between 26 billion to 50 billion in the world (ABI Research, 2013). India will also be able to enjoy the advantages of this new technology. It is pertinent to mention that Government of India (GOI) has proposed to create 100 Smart Cities in India in the first phase. In 2015 budget, a sum of rupees 7000 crores (approx..1.5 billion USD) has been allocated for this purpose. It is expected that this would help the use of IoT and the use would rapidly increase. Again, in this scenario, the Digital India program of GOI, which has an aim to make the Indian society digitally empowered, would help the IoT to flourish out of proportion in India in a very near future. In this connection, IoT policy of GOI would play a crucial role for realization of huge potential of IoT.

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